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Many Are Never Too Many: An Analysis of Crowdfunding Projects in Brazil

Author

Listed:
  • Paulo Mourao

    (Department of Economics, University of Minho, Braga 4710-057, Portugal)

  • Marco António Pinheiro Silveira

    (Business School, Universidade Municipal de São Caetano do Sul (USCS), São Caetano do Sul 09550-551, Brazil)

  • Rodrigo Santos De Melo

    (Business School, Universidade Municipal de São Caetano do Sul (USCS), São Caetano do Sul 09550-551, Brazil)

Abstract

This paper analyzed the most important aspects for the success of crowdfunding projects observing the Kickante platform, an important crowdfunding Brazilian platform. We found that the total value per project increased with the number of investors. The value per investor increased with the minimum value invested with rewards and with certain types of promoters (like informal groups or new companies) or with startups.

Suggested Citation

  • Paulo Mourao & Marco António Pinheiro Silveira & Rodrigo Santos De Melo, 2018. "Many Are Never Too Many: An Analysis of Crowdfunding Projects in Brazil," IJFS, MDPI, vol. 6(4), pages 1-13, November.
    • Handle: RePEc:gam:jijfss:v:6:y:2018:i:4:p:95-:d:185202
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    References listed on IDEAS

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    6. Ajay K. Agrawal & Christian Catalini & Avi Goldfarb, 2011. "The Geography of Crowdfunding," NBER Working Papers 16820, National Bureau of Economic Research, Inc.
    7. Wojciech Hardy, 2013. "How to perfectly discriminate in a crowd? A theoretical model of crowdfunding," Working Papers 2013-16, Faculty of Economic Sciences, University of Warsaw.
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